Divisar Capital Management 13F annual report
Divisar Capital Management is an investment fund managing more than $302 million ran by Steven Baughman. There are currently 26 companies in Mr. Baughman’s portfolio. The largest investments include Ultra Clean Hldgs Inc and MasterCraft Boat Inc, together worth $53.6 million.
$302 million Assets Under Management (AUM)
As of 6th August 2021, Divisar Capital Management’s top holding is 502,331 shares of Ultra Clean Hldgs Inc currently worth over $27 million and making up 8.9% of the portfolio value.
Relative to the number of outstanding shares of Ultra Clean Hldgs Inc, Divisar Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 1,011,365 shares of MasterCraft Boat Inc worth $26.6 million, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Kulicke Soffa Inds Inc worth $22 million and the next is Tillys Inc worth $21.3 million, with 1,335,253 shares owned.
Currently, Divisar Capital Management's portfolio is worth at least $302 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Divisar Capital Management
The Divisar Capital Management office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Steven Baughman serves as the Chief Compliance Officer at Divisar Capital Management.
Recent trades
In the most recent 13F filing, Divisar Capital Management revealed that it had opened a new position in
AMKOR Technology and bought 230,000 shares worth $5.44 million.
This means they effectively own approximately 0.1% of the company.
AMKOR Technology makes up
4.9%
of the fund's Technology sector allocation and has grown its share price by 95.0% in the past year.
The investment fund also strengthened its position in Ultra Clean Hldgs Inc by buying
201,053 additional shares.
This makes their stake in Ultra Clean Hldgs Inc total 502,331 shares worth $27 million.
Ultra Clean Hldgs Inc soared 55.4% in the past year.
On the other hand, there are companies that Divisar Capital Management is getting rid of from its portfolio.
Divisar Capital Management closed its position in Columbus Mckinnon Corp N Y on 13th August 2021.
It sold the previously owned 60,450 shares for $3.19 million.
Steven Baughman also disclosed a decreased stake in Kulicke Soffa Inds Inc by 0.4%.
This leaves the value of the investment at $22 million and 360,253 shares.
One of the smaller hedge funds
The two most similar investment funds to Divisar Capital Management are Windsor Capital Management and Fernwood Investment Management. They manage $302 million and $302 million respectively.
Steven Baughman investment strategy
Divisar Capital Management’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 36.5% of
the total portfolio value.
The fund focuses on investments in the United States as
69.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $2.47 billion.
The complete list of Divisar Capital Management trades based on 13F SEC filings
These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ultra Clean Hldgs Inc |
66.73%
502,331
|
$26,985,000 | 8.93% |
| MasterCraft Boat Holdings Inc |
16.53%
1,011,365
|
$26,589,000 | 8.80% |
| Kulicke Soffa Inds Inc |
36.91%
360,253
|
$22,047,000 | 7.30% |
| Tillys Inc |
16.70%
1,335,253
|
$21,337,000 | 7.06% |
| Fabrinet |
8.87%
201,933
|
$19,359,000 | 6.41% |
| Lumentum Holdings Inc |
9.50%
230,474
|
$18,906,000 | 6.26% |
| Abercrombie Fitch Co |
30.69%
404,735
|
$18,792,000 | 6.22% |
| Photronics, Inc. |
7.27%
1,206,856
|
$15,943,000 | 5.28% |
| Primoris Svcs Corp |
No change
364,847
|
$10,737,000 | 3.55% |
| Vishay Precision Group Inc |
8.98%
295,798
|
$10,069,000 | 3.33% |
| Vishay Intertechnology, Inc. |
67.31%
435,000
|
$9,809,000 | 3.25% |
| Bonanza Creek Energy Inc |
23.54%
207,085
|
$9,747,000 | 3.23% |
| Select Interior Concepts, Inc. |
4.99%
1,021,500
|
$9,602,000 | 3.18% |
| Brunswick Corp. |
No change
95,320
|
$9,496,000 | 3.14% |
| Ii-Vi Inc. |
8.50%
129,160
|
$9,376,000 | 3.10% |
| Sequans Communications S.A |
4.73%
1,549,038
|
$9,325,000 | 3.09% |
| TTM Technologies Inc |
31.10%
615,522
|
$8,802,000 | 2.91% |
| Comfort Sys Usa Inc |
8.76%
104,134
|
$8,205,000 | 2.72% |
| Cooper Std Hldgs Inc |
24.02%
253,071
|
$7,339,000 | 2.43% |
| Infinera Corp. |
24.30%
623,189
|
$6,357,000 | 2.10% |
| Orion Engineered Carbons S.A. |
590.41%
302,401
|
$5,743,000 | 1.90% |
| AMKOR Technology Inc. |
Opened
230,000
|
$5,444,000 | 1.80% |
| Box Inc |
72.59%
177,448
|
$4,534,000 | 1.50% |
| PDF Solutions Inc. |
Opened
222,500
|
$4,045,000 | 1.34% |
| Columbus Mckinnon Corp N Y |
Closed
60,450
|
$3,189,000 | |
| 1-800 Flowers.com Inc. |
Opened
86,749
|
$2,765,000 | 0.92% |
| Calix Inc |
Closed
74,621
|
$2,586,000 | |
| Harmonic, Inc. |
Closed
103,895
|
$815,000 | |
| Express Inc. |
No change
125,000
|
$811,000 | 0.27% |
| No transactions found | |||
| Showing first 500 out of 29 holdings | |||
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